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224 results
Financing for Natural Infrastructure Projects
The report highlights a significant funding gap in the Canadian Prairies, where grey water infrastructure depreciation exceeded investments by nearly CAD 3 billion between 2017 and 2021. It argues that private capital can supplement government funding through outcome-based financing models and government incentives, provided that ethical considerations regarding land rights and Indigenous values are prioritized.
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Document type: Executive summary
Canada needs to attract $140 billion in annual investment to reach net zero
The authors argue that Canada requires $140 billion in annual investment to reach net zero, but attracting this private capital requires greater policy certainty. They propose three specific measures: establishing a green and transition taxonomy, providing confidence in the industrial carbon price through carbon contracts for difference, and developing a clean electricity grid as envisioned by the Clean Electricity Regulations to remain competitive against other jurisdictions and avoid carbon-related border adjustments.
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Document type: Statement
Brief on NCQG simplified negotiation options
The briefing reorganizes the 10 elements and 44 negotiation options identified by the Co-Chairs of the Ad-Hoc Work Programme (AHWP) for the New Collective Quantified Goal (NCQG) into a condensed format. It covers critical dimensions of the goal, including temporal scope, quantum, structure, and potential sources of finance, aiming to streamline the complex set of options for stakeholders ahead of the 2024 negotiation sessions.
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Document type: Briefing
Strengthening Iran’s access to GCF with national ownership, knowledge-based policies and sound technologies
The document outlines a 24-month readiness and preparatory support programme for Iran, implemented by the FAO. It aims to address barriers to climate finance by establishing a National Climate Change Knowledge Hub, updating Technology Need Assessments, and supporting the accreditation of national Direct Access Entities. The project focuses on creating a bankable project pipeline, improving inter-agency coordination through the National Climate Change Working Group, and developing a National Climate Change Mitigation Plan, with a specific emphasis on the energy sector and gender-responsive climate action.
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Document type: Report
Inclusive Climate Finance: Improving Access for Marginalized Populations in Indonesia
The document identifies a gap in Indonesia's top-down climate finance approach, which often prioritizes financier requirements over the needs of marginalized communities. It argues for a shift from a reliance on philanthropic funding toward commercial and blended finance to increase the scale and coverage of support. To achieve this, the report emphasizes the need to address structural barriers such as inadequate capacity, low-quality project pipelines, and regulatory uncertainty.
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Document type: Executive summary
Inventory of Innovative Financial Instruments for Climate Change Adaptation
The document provides an inventory of innovative financial instruments designed to increase climate resilience in developing countries by unlocking private finance. It categorizes these instruments into mature, emerging, and pilot types to inform governments, project developers, and financiers.
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Document type: Guide
Perspectives of the Global South on the NCQG: CAN THE CBD FINANCIAL TARGETS MODEL BE REPLICATED FOR THE UNFCCC NEW CLIMATE FINANCE GOAL?
The research paper compares the financial targets of the Kunming-Montreal Global Biodiversity Framework (KM GBF) with the UNFCCC's New Collective Quantified Goal (NCQG). It argues that the CBD's approach—which combines the reduction of harmful subsidies, mobilization from diverse sources, and specific developed-to-developing country provisions—could serve as a model for the NCQG. The authors recommend a 10-year operational timeframe with five-year milestones, a quantum based on a subset of developing countries' needs, and a layered financial structure that includes the phase-out of fossil fuel subsidies.
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Document type: Research paper
Strengthening government, private sector and civil society capacity to access climate financing, and enhancing private sector investment towards achievement against climate priorities in Tuvalu
The document outlines a 36-month Readiness and Preparatory Support project for Tuvalu, managed by the Ministry of Finance. It aims to address critical gaps in human, technical, and institutional capacity that have limited the country's success in accessing Green Climate Fund (GCF) financing. Key initiatives include establishing a dedicated climate finance Program Management Unit (PMU), training 100 stakeholders, supporting the accreditation of a private sector direct access entity, and developing a private sector investment roadmap. The project also intends to advance the project pipeline by developing at least two bankable concept notes and conducting pre-feasibility studies for priority sectors such as water security, agriculture, and energy.
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Document type: Report
Advancing a Just Transition: A rights-based approach to climate financing
The paper argues that current climate financing models, particularly the "Billions to Trillions" agenda, prioritise private sector interests over development goals and human rights. It proposes a fair climate finance regime based on a state-led approach that prioritises public investments and green infrastructure to avoid the risks associated with overreliance on private actors. The author calls for a research agenda to bridge the gap between international human rights norms and the actual implementation of climate finance investment plans.
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Document type: Research paper
Good Practices for Developing Lebanon’s National Adaptation Plan Briefing Note
The document outlines strategic recommendations for Lebanon's early-stage National Adaptation Plan (NAP) process, drawing on experiences from 12 peer countries. It emphasizes the need for strong institutional leadership, the prioritization of low-cost catalytic actions for implementability, and the blending of public and private finance. Key recommendations include establishing a multistakeholder coordination mechanism, integrating gender equality and social inclusion, and developing a robust monitoring, evaluation, and learning (MEL) system. The analysis highlights specific examples, such as Albania's Inter-Ministerial Working Group and Bosnia and Herzegovina's municipal financing tools, to guide Lebanon in creating a science-based, inclusive, and implementable adaptation strategy.
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Document type: Briefing
Adaptation Finance Gap Update 2023
Between 2017 and 2021, international public adaptation finance for developing countries stayed at or below US$25 billion annually, with a 15 per cent drop to US$21 billion in 2021. The report highlights a lower disbursement ratio for adaptation (66 per cent) compared to general development finance (98 per cent), citing barriers such as low grant-to-loan ratios and limited technical capacity. While grants are more prevalent for Least Developed Countries (52 per cent) and Small Island Developing States (67 per cent), less than 17 per cent of commitments targeted local communities. The document emphasizes that while domestic and private finance are vital, they cannot bridge the gap alone, particularly in low-income countries.
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Document type: Report
Breaking Financing Barriers for a Just Climate Transition in Africa
The policy brief argues that climate finance for Africa is currently inefficient, insufficient, and unfair. It details five systemic barriers: unsustainable public debt, inadequate funding levels, high investor risk perception, currency fluctuations, and limited private sector engagement. To address these, the document recommends interventions including debt relief, low-cost long-term loans, credit enhancement schemes, foreign exchange guarantees, and a dedicated 'turbocharger facility' for African entrepreneurs and projects.
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Document type: Policy brief
Congress and International Climate Finance
The document summarizes a briefing on the U.S. Congress's role in international climate finance, highlighting the tension between poverty alleviation and climate action at the World Bank and the debate over the hosting and structure of the Loss and Damage Fund.
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Document type: Briefing
Strengthening access to climate finance and integration of climate change into the local development planning in Benin
The proposal aims to address critical gaps in Benin's climate action, including the lack of a centralized climate information system and poor integration of national climate commitments into communal development plans. Key planned activities include the creation of a digital climate data repository, a baseline study on the integration of climate change into local planning, an evaluation of the 2016-2025 Low-Emission Climate-Resilient Development Strategy (LECRDS), and the development of a concept note for scaling up nature-based solutions. The project will be implemented by the International Centre for Research in Agroforestry (ICRAF) over 24 months, targeting the National Designated Authority, sectoral ministries, and local communes.
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Document type: Report
EU elections: our four key proposals for private finance
Reclaim Finance argues that the EU's climate targets cannot be met without a massive mobilization of private finance, which currently favors fossil fuels over sustainable energy. The organization proposes four key interventions: mandating a 6:1 clean energy to fossil fuel investment ratio by 2030, requiring robust and audited climate transition plans, applying the "do not significantly harm" principle to all financial services, and implementing preferential ECB refinancing rates for sustainable activities.
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Document type: Statement
Alignment
The document examines the necessity of aligning national financing strategies for climate adaptation with other financial frameworks, such as NDCs, SDGs, and national development plans. It highlights that fragmentation caused by ministerial silos or varying partner influences can lead to duplicated efforts. By integrating adaptation finance into the broader economic decision-making process, countries can better identify cross-ministerial synergies, improve the evidence base for investment, and ensure that adaptation actions are resilient to macroeconomic pressures like sovereign debt. The briefing provides lessons on engaging finance and planning ministries to move from a project-based approach to a systemic portfolio approach to adaptation investment.
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Document type: Briefing
Guiding Principles for the Preparation of Financing Strategies for Climate Change Adaptation in Developing Countries
The report outlines a framework for developing countries to bridge the adaptation finance gap through seven guiding principles. These are divided into process-related principles—emphasizing country-driven approaches, the engagement of finance ministries, and inclusivity—and content-related principles, which focus on the strategic use of diverse financial instruments, alignment with national development goals, improving the enabling environment, and establishing monitoring and evaluation processes. The report supports these principles with case studies from Kenya, Nepal, and Peru, highlighting that a financing strategy is a continuous process rather than a single document.
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Document type: Report
How to set up the Canada Growth Fund for success
The Canada Growth Fund (CGF), a $15 billion 'green bank' designed to catalyze private investment for Canada's net-zero transition, will be managed by the Public Sector Pension Investment Board (PSP Investments). The author warns that CGF's success depends on avoiding PSP's 'business as usual' focus on private returns, as CGF must prioritize social returns and accept higher risks through concessional finance. To mitigate the risk of conflating these mandates, the document recommends a transparent investment strategy co-written by policy and finance experts, a diverse decision-making committee with expertise in climate policy and low-carbon technology, and clear accountability structures that separate the Fund's policy goals from PSP's fiduciary duties to pension beneficiaries.
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Document type: Research paper
Readiness and Preparatory Support Programme – annual report on implementation 2022
As of 30 April 2023, the GCF has approved 693 readiness grants totaling USD 513 million for 142 countries. Analysis of 239 completed grants shows significant progress in capacity-building, strategic framework development, and adaptation planning, with a strong focus on vulnerable regions. However, the portfolio has faced substantial delays, primarily due to the COVID-19 pandemic, leading to 336 grants receiving no-cost extensions. The GCF is implementing operational improvements, including the Readiness Results Management Framework (RRMF) and the Portfolio Performance Management System (PPMS), to enhance reporting and efficiency.
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Document type: Report
Sommet pour un nouveau pacte financier mondial : cessez de financer les énergies fossiles
The document critiques the upcoming Summit for a New Global Financing Pact in Paris, highlighting the failure of Northern governments to meet the 100 billion dollar annual climate finance promise. It advocates for 'polluter-pays' taxes on shipping, aviation, and fossil fuel companies, and calls for a cessation of private financial services for fossil fuel expansion in the Global South.
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Document type: Statement